Anti-competitive practices

The Commerce Act prohibits anti-competitive agreements between firms such as agreements to fix prices or to carve up markets. It also makes it illegal for companies to take advantage of a substantial degree of market power for an anti-competitive purpose.

Media releases

Four current or former employees of PGG Wrightson and one former employee of Elders Rural Holdings Limited have been ordered to pay penalties totalling $105,000 following an Auckland High Court penalty hearing for their respective roles in a price fixing agreement in connection with the introduction of the National Animal Identification and Tracing Act 2012 (NAIT Act).

The Commerce Commission has today published details of the conference it is holding on its draft determination of NZME and Fairfax’s application for authorisation under the Commerce Act to merge their media businesses.